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Banking in India- Banks are moving its focus from cost stinging and capital management to seek opportunities to expand. The major focus is on identifying business opportunities- a.retail- loan harvest with the booming and expanding economy peculiarly with salaried people. b. SMEs- focusing financing on SMEs.-40% of the value concomitant is done on manufacturing sector and comprises 34% of national export. c. multinational banking- attracting HNIs particularly NRIs.and transferring the international money. d. Agri and awkward Banking\. 1. RURAL BANKING IN INDIA bucolic banking in India started since the establishment of banking sector in India. Primarily unpolished Banks mainly focussed upon the agro sector. In boorish banking in India, on that point are 14,475 rural banks in the country of which 2126 (91%) are fit(p) in remote rural areas. Rural banking & microfinance posit to be addressed for sustainable growth : RBI Deputy regulator Microfinance Focus , Nov. 11, 2009: Reserve Bank of India s Deputy regulator Ms. Shyamala Gopinath recently said the rural banking and microfinance , infrastructure finance and broader regulative approach for financial sector are precisely the issues which need to be addressed to achieve balanced and sustainable growth over the long term for emerging market economies. 2.

mount of rural banking- I) Rural population of about 780 million with confine access to financial services. ii) A high proportion of rural lending is from informal sources. iii) About 500-600 million people in India button up do not have bank accounts. iv) Rural economy (Agriculture + on-agriculture) constitutes about 50% of GDP. v) Banks have woken up to the capability in the rural sector. vi) Current demand for credit in Rural India is around Rs.1,33,000 Crs. vii) Commercial Bank branches cover merely 7% of rural sector and large market is still untapped. 3. Rural Banking - Current Status The distribution of credit was skewed in favourof large borrowers (Sen and... If you want to get a full essay, post it on our website: Ordercustompaper.com

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